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21 Nov 2019, 7:57 am by John Jascob
He noted that the Libra Association chose to set up in Switzerland, and his understanding was that Singapore would have been the second choice. [read post]
20 Nov 2019, 9:04 am by Scott H. Kimpel
The Fed also noted that stablecoin initiatives that are built on existing large and cross-border customer networks, such as Libra, have the potential to rapidly achieve widespread adoption. [read post]
12 Nov 2019, 4:47 am by Andrew Lavoott Bluestone
” “Additionally, Wimbledon’s allegations that Katten engaged in continuing concealment by failing to disclose information about Gerova and Arius Libra to the board amount to allegations that Katten failed to disclose its own malpractice, and do not furnish support for fraud claims. [read post]
As a result of this Mr Baltz urges providers to attach particularly high importance to the issue of security; In relation to Libra, the Deutsche Bundesbank will apply the complete spectrum of existing rules and may adjust the current regulatory framework depending on how Libra is designed. [read post]
31 Oct 2019, 9:05 pm by Alana Bevan
Professor Michele Benedetto Neitz of the Golden Gate University School of Law wrote a forthcoming article in the North Carolina Journal of Law and Technology about the concern that cryptocurrency—specifically, Facebook’s Libra—will place enormous decisionmaking power in the hands of the few who control it. [read post]
30 Oct 2019, 11:19 am by Scott H. Kimpel
In the wake of the recent controversy surrounding the proposed Libra cryptocurrency, two members of Congress have begun circulating draft bills that would tighten federal regulation of certain stablecoins. [read post]
29 Oct 2019, 4:29 pm by Hayley Tsukayama
Throughout the hearing, we appreciate that the committee members focused on Facebook’s actions as the basis of their skepticism about Libra, rather than around blockchain technology. [read post]
27 Oct 2019, 5:08 pm by INFORRM
Chief executive Mark Zuckerberg only disclosed that many of Facebook’s third-party fact checkers are expected to vet adverts as well as user content for misinformation during a debate in Congress over the new cryptocurrency project, Libra. [read post]
24 Oct 2019, 12:25 pm by Kate Cox
At least, Libra was theoretically his reason for being in Washington, DC. [read post]
23 Oct 2019, 8:58 am by Gordon Ahl
Facebook CEO Mark Zuckerberg is testifying Wednesday in a House Financial Services Committee hearing about a cryptocurrency project called Libra, reports the Times. [read post]
22 Oct 2019, 6:43 pm by Sabrina I. Pacifici
EveryCRSReport.com – Libra: A Facebook-led Cryptocurrency Initiative October 21, 2019: “On June 18, 2019, Facebook announced that, with 28 other members, it had founded the Libra Association, which planned to launch a new cryptocurrency, called Libra. [read post]
21 Oct 2019, 9:18 am by Scott H. Kimpel
At the same time, she stated that global stablecoin networks (such as Libra) should be expected to meet a high threshold of legal and regulatory safeguards before launching operations. [read post]
21 Oct 2019, 12:15 am by INFORRM
In this context the Guardian has analysed the developments around Facebook’s cryptocurrency Libra. [read post]
16 Oct 2019, 4:15 am by IPWatchdog
., which operates as Current, for trademark infringement, unfair competition, and false designation of origin relating to Facebook’s controversial subsidiary, Calibra, which plans to launch the digital currency Libra by 2020. [read post]
16 Oct 2019, 4:15 am by IPWatchdog
., which operates as Current, for trademark infringement, unfair competition, and false designation of origin relating to Facebook’s controversial subsidiary, Calibra, which plans to launch the digital currency Libra by 2020. [read post]
15 Oct 2019, 10:13 am by Karen Gullo
               Whittier, California 90601For more about blockchain:https://www.eff.org/issues/blockchainFor more about EFF’s cryptocurrency activism:https://www.eff.org/document/facebook-libra-and-blockchainhttps://www.eff.org/deeplinks/2019/05/why-bill-banning-cryptocurrency-purchases-americans-terrible-idea Contact:  RaineyReitmanChief Program Officerrainey@eff.org [read post]
15 Oct 2019, 4:00 am by Timothy B. Lee
Facebook created Libra, but the company hopes Libra will become larger than any single company. [read post]
12 Oct 2019, 8:40 am by Timothy B. Lee
When the company introduced Libra earlier this year, it said it hoped to grow Libra's membership from 27 companies to more than 100 by the time the Libra network launched in 2020. [read post]
11 Oct 2019, 4:54 pm by INFORRM
And reports suggest EU anti-trust regulators are interested in scrutinising the company’s recently launched cryptocurrency Libra. [read post]